Markets

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831       

St. Joseph, MO   Fri Nov 21, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 5:05 pm



Today's Reported Sales Volume:    5,000            

Today's Estimated Sales Volume:  15,000    

  

  On Friday, trading was light on moderate demand in Kansas with live sales 

at 173.00. Trading in Northern Plains and Iowa was moderate on very good demand 

with live sales in Nebraska from 172.00-174.00 and dressed sales 267.00-268.00. 

In Colorado live sales at 174.00. Few live sales in Iowa from 170.00-172.00 and 

few dressed sales at 268.00.  

   Boxed beef cutout values steady on Choice and lower on Select on light demand 

and offerings. Choice closed 0.17 lower at 255.22 and Select closed 1.06 lower 

at 241.93 on 122 total loads. The hide and offal value from a typical slaughter 

steer for today was estimated at 16.33 per cwt live, down 0.29 when compared to 

Thursday's value. Estimated Daily livestock Slaughter under federal inspection 

for cattle on Friday is estimated at 111,000 and 14,000 for Saturday. 



 

   

PRICES PAID:



            LIVE                    DRESSED                 DRESSED

            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER

            (CASH)                  (CASH)                  (GRID BASE)

-----------------------------------------------------------------------------

                                                                             

TX/OK/NM    none                    None                    None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice                                                

KANSAS      173.00                  None                    None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice       Select and Choice                        

NEBRASKA    172.00-174.00           Few, 267.00-268.00      None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice                                                

COLORADO    174.00                   None                   None            

                                                                             

-----------------------------------------------------------------------------

            Select and Choice       Select and Choice                        

IOWA        few,170.00-171.00       few, 268.00             None             

                                                                             

-----------------------------------------------------------------------------



NOTE: For complete sales volume, price ranges and weighted averages, refer

to the Mandatory reports on the following web site and links:

http://www.ams.usda.gov/lpsmarketnewspage



All Negotiated grid based sales reported through the Mandatory

reporting program by packers are currently included under the National

Daily Direct Slaughter Cattle Negotiated Purchases Reports as base prices

and again on the National Daily Direct Slaughter Cattle Formula Purchases

Reports as net prices.



Included in this report are negotiated cash and negotiated grid prices

and volume collected from feedlots or their representatives cooperating

on a voluntary basis. This report will be released at 3:30pm daily and

more frequently during active trading periods.



Source:  USDA Market News Service, St. Joseph, MO

         Ph: 816-676-7000  email: stjoe.lpgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/sj_ls831.txt

         www.ams.usda.gov/lpsmarketnewspage



1705c

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